January Mosquitoes If you’re going to live in Minnesota in January, it helps to have a positive attitude. Best line I heard today was from an “old-timer” — or the PC equivalent, “senior citizen-plus” — that I crossed paths with going into Home Depot (too early) this morning: ‘not too many mosquitoes out today,’ he...Read More
Hoist by Our Own Petard (Bailout Money) Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. –Depression-era Treasury Secretary Andrew Mellon Andrew Mellon, President Herbert Hoover’s Treasury Secretary, would have known what to do about AIG: liquidate it. Doing so a year ago would have spared taxpayers the spectacle (obscenity, really) of bailed-out TARP...Read More